1-bed · 973 sqftLakepoint Tower, Jumeirah Lake Towers (JLT) · 29th floor · completed 2009

2908, Lakepoint Tower

Sold prices and rental history: sold once, by the developer in February 2011, and rented continuously since 2013. Every registered sale and contract is below; today's estimate is free after a one-time verification.

Unit 2908 · DLD and Ejari recordsUpdated 24 April 2026
Last soldAED 687K10 February 2011
Current rentAED 70K /yr24 April 2026
Estimated yieldfree after one verification
Today's valuefree after one verification

Property timeline for 2908, Lakepoint Tower

What is 2908 worth today?

Last sold for AED 686,656 in 2011

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24 Apr 2026RentedRenewal
AED 70,000/yr12 months · AED 72 per sqft
24 Apr 2025RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
24 Apr 2025RentedNew contract
AED 70,000/yr12 months · AED 72 per sqft
1 Oct 2024RentedRenewal
AED 63,800/yr6 months · AED 66 per sqft
1 Oct 2023RentedRenewal
AED 58,000/yr12 months · AED 60 per sqft
1 Oct 2022RentedNew contract
AED 43,000/yr12 months · AED 44 per sqft
1 Sep 2021RentedNew contract
AED 35,000/yr12 months · AED 36 per sqft
26 Sep 2020RentedRenewal
AED 38,000/yr12 months · AED 39 per sqft

Source: Dubai Land Department. Updated 24 April 2026.

Key facts

Type
1-bed apartment
Size
973 sqft
Floor
29th of 44
Parking
DMCC-2301
Developer
GGICO
Completed
2009
Service charge
AED 12,400 /yr
Last sold
AED 687K · February 2011

About 2908, Lakepoint Tower

2908 is a one-bedroom apartment of 973 sqft on the 29th floor of Lakepoint Tower, a 44-storey tower in Jumeirah Lake Towers (JLT) completed in 2009 by GGICO. The developer sold it on 10 February 2011 for AED 686,656, or AED 705 per sqft, 8% below the AED 767 one-beds in the building were fetching at the time.

It has been rented continuously since 2013 on 13 Ejari contracts. The current contract, renewed on 24 April 2026, is AED 70,000 a year: a gross yield of 10.2% on the 2011 price, before the service charge of about AED 12,400 a year.

Sales and rents for 2908 over time

Sales
Unit 2908, each saleTypical one-bed in Lakepoint Tower
500K750K1M2009201420192024Typical sale price by year: 2009 AED 643,857; 2010 AED 729,450; 2011 AED 635,753; 2012 AED 580,000; 2013 AED 708,448; 2014 AED 960,000; 2015 AED 915,000; 2016 AED 885,000; 2017 AED 870,000; 2018 AED 740,000; 2019 AED 665,000; 2020 AED 520,000; 2021 AED 513,750; 2022 AED 550,000; 2023 AED 690,000; 2024 AED 800,000; 2025 AED 905,000; 2026 AED 975,000Sold by developer, February 2011: AED 686,656 (AED 705 per sqft)

2908 has sold once; the dashed line is the one-bed median of each year in the building.

Rents
Unit 2908, each contractTypical one-bed in Lakepoint Tower
50K75K2012201620202024Typical rent by year: 2012 AED 50,000; 2013 AED 60,000; 2014 AED 75,000; 2015 AED 78,000; 2016 AED 76,295; 2017 AED 72,000; 2018 AED 61,000; 2019 AED 52,000; 2020 AED 42,000; 2021 AED 37,000; 2022 AED 44,250; 2023 AED 55,000; 2024 AED 66,000; 2025 AED 70,000; 2026 AED 70,000New contract, November 2013: AED 80,000 a yearNew contract, October 2015: AED 85,000 a yearNew contract, November 2016: AED 75,000 a yearNew contract, April 2018: AED 50,000 a yearNew contract, September 2019: AED 50,000 a yearRenewal, September 2020: AED 38,000 a yearNew contract, September 2021: AED 35,000 a yearNew contract, October 2022: AED 43,000 a yearRenewal, October 2023: AED 58,000 a yearRenewal, October 2024: AED 63,800 a yearNew contract, April 2025: AED 70,000 a yearNew contract, April 2025: AED 70,000 a yearRenewal, April 2026: AED 70,000 a year

Annual rent on each registered contract; the dashed line is the one-bed median of each year in the building.

1-beds in Lakepoint Tower, and where 2908 sits

All 288 1-beds →

2908 last sold in February 2011 at AED 705 per sqft, 8% below what one-beds in Lakepoint Tower were fetching at the time (AED 767). Over the last 12 months one-beds sold for AED 748,549 to 1,202,127, around AED 1,021 per sqft, and rent for AED 30,000 to 135,000 a year. 2908's AED 70,000 is in the lower half of that range.

Recent 1-bed salesUnit no.Price (AED)Summary
20 Oct 20261,000,000
8 Oct 2026920,000
21 Aug 20261,055,000
16 Jul 20261,010,000
19 1-bed sales in the last 12 months

Lakepoint Tower

Building

413 apartments, 1-bed to 3-bed over 44 floors in Jumeirah Lake Towers (JLT), completed in 2009 by GGICO. 29 sold in the last 12 months.

Typical price per sqft
AED 1,054 Up 9.1%
Typical sale
AED 1.01M
Typical rent
AED 72K /yr
Typical yield
7.2%
Lakepoint Tower, Jumeirah Lake Towers (JLT): prices, sales and rents →

Other units on the 29th floor

All 413 units in Lakepoint Tower
Value
29012-bedAED 1.15M · Feb 2014
29021-bedAED 636K · Feb 2011
29031-bedAED 687K · May 2013
29041-bedAED 629K · Oct 2013
29052-bedAED 905K · May 2012
29062-bedAED 950K · Mar 2014
29071-bedAED 515K · Apr 2022
1–7 of 9

2908, Lakepoint Tower in numbers

  • Sold once: by GGICO on 10 February 2011 for AED 686,656, or AED 705 per sqft.
  • Rented since November 2013 on 13 Ejari contracts. The rent fell from AED 80,000 to AED 35,000 in 2021 and recovered to AED 70,000 by April 2026.
  • At AED 70,000 a year the gross yield on the 2011 price is 10.2%, before a service charge of about AED 12,400 a year (AED 12.80 per sqft).
  • One-beds in Lakepoint Tower sold for AED 748,549–1,202,127 in the 12 months to November 2026; the building's median across all types is AED 1,054 per sqft.

Source: Dubai Land Department. Updated 24 April 2026.

Questions about 2908, Lakepoint Tower

What did unit 2908 last sell for?

AED 686,656 on 10 February 2011, sold by the developer: AED 705 per sqft for 973 sqft. It is the only registered sale of the unit.

What is the rent for unit 2908?

AED 70,000 a year on the contract renewed on 24 April 2026. The previous contract, from April 2025, was AED 70,000; the unit has been rented since November 2013.

How big is unit 2908?

973 sqft (90.4 sqm): a one-bedroom apartment on the 29th floor of a 44-storey tower completed in 2009.

What is unit 2908 worth today?

The YallaValue estimate is updated daily and free after a one-time verification by WhatsApp, email or Google. One-beds in Lakepoint Tower sold for AED 748,549 to 1,202,127 in the last 12 months, around AED 1,021 per sqft.

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Mortgage on 2908, Lakepoint Tower

Starts from the last sale price (AED 687K, 10 February 2011). Switch to today's estimate once you have unlocked it.
Price
AED 686,656
Deposit, UAE resident (20%)
AED 137,331
Deposit, non-resident (40%)
AED 274,662
Monthly over 25 years at 3.7%
AED 2,809

Plus the 4% Dubai Land Department transfer fee and about AED 5,000 of registration and trustee costs. Full mortgage calculator →